We've been patiently waiting for third installment of the Bill & Ted series. Keanu Reeves and Alex Winter have been teasing us for years that they have a script, and now some truly excellent news pushes Bill & Ted 3 closer to a release date. The duo has nabbed a director — and not just any director, Dean Parisot from Galaxy Quest!

Vulture reports that original B&T creators Ed Solomon and Chris Matheson have attached Dean Parisot to direct this long-rumored script. And thankfully, instead of just rebooting the characters, the crew is actually attempting to capture where Bill and Ted are currently. They still haven't found a studio, but rumor has it they're shopping the script around, looking for co-financing alone with MGM (who still owns the rights to the characters).

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This leaves only one question. What have Theodore Logan and Bill S. Preston, Esquire been up to all these years? Is Wyld Stallions even still together? God, give rock and roll to us!